Over the past decade, the Indian startup ecosystem has undergone a remarkable transformation. With over $150 Bn in funding raised by 2024, India now stands as one of the most vibrant hubs for innovation and entrepreneurship globally. 

However, while foreign venture capital (VC) firms and global investors dominated the early stages of this growth, a significant shift is underway. Domestic investors have started to take the reins of investments in the country, with Indian family offices leading the way.  

This is happening at a time when the foreign direct investment (FDI) inflow is on a downward spiral. Notably, FDI into India fell more than 16% to $70.9 Bn (about INR 6 Lakh Cr) in FY24,  from $84.8 Bn (about 7.2 Lakh Cr) in FY23. Unfortunately, the situation this fiscal does not seem very rosy.

With foreign capital drying up, the spotlight is now on Indian family offices to step up and invest more in the private sector. As vital sources of patient capital, their support is crucial for sustaining the startup ecosystem in these challenging times.

Traditionally focussed on managing real estate, equity and fixed-income portfolios, family offices in India have broadened their horizons to include alternative investments, particularly in startups.

The growing maturity of India’s startup ecosystem, coupled with the rise of IPO-bound ventures, is attracting family offices to startups as investment class.

The increasing interest and participation can also be attributed to factors like millennials and GenZ inheriting family wealth and finding new and interesting investment avenues. 

But why is everyone looking at Indian family offices with hope? Well, the sheer reason is that, unlike VCs, they have the heart to invest for the long term, making them a treasure trove of patient capital. This makes them a perfect match for sectors like deeptech, cleantech and semiconductor where research and development take precedence and final products may take several years to disrupt market dynamics. 

Besides, family offices come with a deep understanding of the Indian market, consumer behaviour, and regulatory landscape. This allows them to provide not just capital but also strategic guidance to startups.

For instance, Azim Premji’s Family Office PremjiInvest has backed about 51 startups. Among them are names like Mintifi, GIVA, Purplle and The Sleep Company, which today are well-established ventures. Similarly, Lido Learning, Lenskart, and Easypolicy emerge from the stable of Ronnie Screwvala’s family office, Unilazer Ventures.

While these are just two of the many examples paving the way for the success of new-age tech ventures in the world’s third-largest startup ecosystem, we have decided to compile a list of Indian family offices that are navigating the investment scene in these times of distress.

Editor’s Note: This is not a ranking of any kind; family offices are listed alphabetically. It is a dynamic tracker that will be updated periodically. For any queries, additions, or updates, reach out to us at [email protected]. View our methodology and disclaimer here.

Name Type Headquarters Owned/Managed By Deal Count (Since 2014) Notable Startups Backed 1Digi Single Family Office Dubai Raghu Subramanian 4 Actyv.Ai, Kneady Retail Technologies 2M Companies Single Family Office Dallas Morton H. Meyerson 2 Nxcar, Wyl Cards 6G Capital Single Family Office Mumbai The Allana Group 2 Chatfood, Aquaconnect Aakash Emprise Single Family Office Delhi NCR Aakash Choudhary 8 Simplilearn, Bombay Shaving Aarin Capital Multi Family Office Bengaluru Mohandas Pai 26 88Academics, Magic Crate, Faircent ACP Partners Family Office Single Family Office Bengaluru Alok Oberoi 1 Loconav Acuitas Capital Multi Family Office Mumbai Dinesh Vaswani 2 Faraday Future, Ideanomics Aditya Vuchi’s Family Office Single Family Office Hyderabad Aditya Vuchi 1 Exoticamp Ajax Capital Single Family Office Delhi NCR Ajay Gupta 2 Your-Space, Jumbotail Al Falaj Investment Single Family Office Abu Dhabi Hamdan Al-Ketbi 1 Maxwholesale Alchemie Ventures Single Family Office Mumbai Chandrakant Gogri 1 Prozeal Infra Almoayed Ventures Single Family Office Manama Talal Almoayed 2 Bizztm, Zoko Alpha Capital Family Office Single Family Office Delhi NCR Jeff Shipley 5 Raiinmaker, Kuros Biosciences, Diagnostic Robotics, Nanofabrica Alto Partners Multi Family Office Multi Family Office Singapore Jim Quismorio 10 Jackett, Vouch, Gajigesa Amaya Ventures Single Family Office Singapore Amit Khanna, Diya K and Ameera K 21 Lxme, Hono, Leverage Edu Amitabh Bachchan Family Office Single Family Office Mumbai Amitabh Bachchan 6 Swiggy, Macmerise Anand Mahindra’s Family Office Single Family Office Mumbai Mahindra Family 1 Ahaguru Ananth Narayanan Family Office Single Family Office Bengaluru Ananth Narayanan 8 Elda Health Anikarth Ventures Single Family Office Kanpur Dr. Aarti Gupta 29 GenWise, GetePay, Clensta Apar Industries Family Offices Single Family Office Mumbai Chaitanya Desai 1 Sublime Life Aroa Ventures Single Family Office Delhi NCR Ritesh Agarwal, Gaurav Gulati 11 Unacademy, Miko, Freight Tiger, Easy Eat Arora Family Holdings Single Family Office Delhi NCR Surinder Arora 1 Adrak Artha Impact Single Family Office Zurich Audrey Selian 8 Leap Skills, Biosense, Farm Folks Agro Artha India Ventures Single Family Office Mumbai Ashok Kumar Damani, Mr. Ramesh M. Damani, Anirudh A Damani 102 Galaxeye, Purplle, Rapido Ashok Goel Family Office Single Family Office Mumbai Ashok Goel 2 Renovel Innovations, Shrotra Enterprises Private Limited Ashok Wadhwa Family Office Single Family Office Mumbai Ashok Wadhwa 3 Grayquest, Hbits Asit Koticha Family Office Single Family Office Mumbai Asit Koticha 1 Biguine India Auxano Ventures Single Family Office Delhi NCR Brijesh Damodaran Nair 1 I2E1 Ayon Capital Single Family Office Florida Pawan Shah 1 Veera, Tuesday Morning, Vested Finance B2V Ventures Single Family Office Mumbai Bl Taparia 17 Cultfit, Miko, Squarefoods Baksh Capital Single Family Office Singapore Birbal Singh Bajaj 1 Growfitter Bardia Family Office Single Family Office Delhi NCR Arihant Bardia 1 Healers At Home Berggruen Holdings Single Family Office New York Nicolas Berggruen 3 Ezetap, Gemini Equipment And Rentals Bhagchandka Family Fund Single Family Office Mumbai Harshvardhan Bhagchandka, Raghav Bhagchandka, And Anirudh Bhagchandka 1 Atlan Biren Parekh Family Office Single Family Office Mumbai Biren Parekh 1 Playns Technologies Black Kite Capital Single Family Office Singapore Paul Paget 1 Thegamingproject Blue Edge Multi-Family Investment Office Multi Family Office Delhi NCR Sanchita Mukherji 1 Batx Energies Bodley Group Single Family Office St Louis Ted Albrecht 1 Shortlist Boillet Family Office Single Family Office Bengaluru Etienne Boillot 1 Simpl Bollinger Investment Group Single Family Office Grapevine John Bollinger 1 Defidollar Burman Family Holdings Single Family Office Delhi NCR Burman Family 9 Isprava, Centricity, Melorra, Quickwork, Reliable Records BVC Ventures Family Office Single Family Office Mumbai Bhavik Chinai 4 Aznog Technologies Limited, Lawrato.Com, Campden Hill Capital Single Family Office London Bir Kathuria 1 Heads Up For Tails Catamaran Multi Family Office Bengaluru N.R.Narayana Murthy 30 Innoviti, Udaan, Aequs, Acko Ceniarth Single Family Office San Francisco Diane Isenberg 2 Kheyti Chhatisgarh Investments Single Family Office Raipur Kamal Kishore Sarda 14 Escrowpay, Vaibhav Jewellers Chiripal Group Single Family Office Ahemdabad Ved Prakash Chiripal, Jyotiprasad Chiripalal 2 Grew Energy, Shanti Developers Chokhani Family Office Single Family Office Mumbai Krishna Chokhani 1 Vphrase Chona Family Office Single Family Office Mumbai Ankit Chona 9 Neuron Energy, Hocco, Gramophone, Mokobara Chugh Family Office Single Family Office Delhi NCR Navneet S. Chugh 1 Sprytelabs CK Jaipuria Family Office Single Family Office Delhi NCR the Jaipuria family 8 Explurger, Redcliffe Labs, Leap Claypond Capital Single Family Office Bengaluru Ranjan Pai 3 Easy Home Finance, Healthifyme, GrayQuest Conscience Multi Family Office Multi Family Office Chennai Ronak Shah, Vignesh Sundararaman 4 Vipragen Biosciences, Chai Waale Credence Family Office Multi Family Office Bengaluru Mitesh Shah, Ajay Sampath, Nitesh Arora 7 Innov8 Coworking, 3Ev Industries, Stockal, Social Swag India Culture Cap Single Family Office Faridabad Peyush Bansal 27 Traqcheck Das & Co. Single Family Office New York Lt. Eshwar S. Purandar Das 3 Shiprocket, Games24X7 Desai Family Office Single Family Office Ahmedabad Mayur Desai 4 Simple Energy, Bullspree, Kristal.Ai DH Venture Holdings Single Family Office Singapore Asish Dash 3 Trip Ka Baap, Grazing Minds, Pots And Plates DIG Investment Single Family Office Östermalm Nicolas Georges Trad 1 Ola Dinesh Hinduja Family Office Single Family Office Mumbai Jai Rupani 1 Axio DLF Family Office Multi Family Office Delhi NCR Kushal Pal Singh 4 Rapipay, Nownow, Zapkey, Zerund Double Peak Group Single Family Office Hong Kong Galen Law-Kun 1 NodeOps Dr. Kulin Kothari Family Office Single Family Office Mumbai Kothari Family 1 Setu Nutrition Eragon Family Office Single Family Office Mumbai Sharan Asher 7 Dozee, Veeda Clinical Research, I2Pure Esas Ventures Single Family Office Istanbul Fethi Sabancı Kamışlı 1 Procol Euclidean Capital Family Office Single Family Office New York James Simon 1 Neo Asset Management Everblue Management Single Family Office New York Eric Mindich 1 Rapido Falguni And Sanjay Nayar Family Office Single Family Office Mumbai Falguni And Sanjay Nayar 3 Innovist, Flexiloans Family Office Of Jaipurias Single Family Office Delhi NCR The Jaipuria Family 1 Fitspire Figure 8 Investments Single Family Office Boulder Lisa Leff Cooper 1 Bitclass Gala Family Office Single Family Office Bengaluru Krimesh Gala 1 Devx Godrej Family Office Single Family Office Mumbai Godrej Family 5 Wonderchef Home Appliances, Isprava, Zunroof, Marengo Asia Healthcare Green Capital Single Family Office Single Family Office Delhi NCR Nitin Shakdher 2 Kaynes Technology India Limited, Syrma Sgs Technology Limited GSK Velu’S Family Office Single Family Office Chennai Gsk Velu 2 Neuberg Diagnostics Haldiram’s Family Office Single Family Office Delhi NCR Agarwal Family 6 Getvantage, Healofy, Autobrix, Batx Energies, Zippee Haran Family Office Single Family Office Bengaluru Shekha Haran 1 Simple Energy Hedgewood Single Family Office Toronto Jesse Rasch 1 Jumbotail Heron Rock Fund Multi Family Office Ottawa Tom Williams 3 Jumbotail Hersh Family Office Single Family Office Dallas Kenneth A. Hersh 1 Maestro Hira Group Family Office Single Family Office Raipur Harish Shah. 1 Purple Style Labs House Of Anita Dongre Family Office Single Family Office Delhi NCR Anita Dongre 2 Altigreen, Social Quotient Hunch Ventures Single Family Office Delhi NCR Karanpal Singh 10 Dolomite Restaurants, The Circle, Myhealthcare, Oceanaire Yachting, Teamonk Iconiq Capital Multi Family Office San Francisco Divesh Makan, Michael Anders, Chad Boeding and Will Griffith 2 Flipkart, Zetwerk ICS Family Office Single Family Office Dubai Riath Hamed 1 Samosa Party Foods Imaginal Seeds Single Family Office Singapore Soeren Petersen 1 Omnivore Innovations Family Office Single Family Office Bengaluru S.D. Shibulal 7 The Samitha Academy, Advaith Foundation Inoventures Single Family Office Mumbai Manish And Richa Choksi 1 All Things Baby Inovnis SA Single Family Office Geneva Daniel Wasserfallen 1 Revidd Irani Family Office Single Family Office Mumbai Boman Rustom Irani 1 Cambrian Bioworks J. Hunt Holdings Single Family Office Austin James Hunt 1 Lkc J&A Partners Single Family Office Delhi NCR Ahmed O. 3 Oyo, Dozee Jakson Group Family Office Single Family Office Delhi NCR Sameer Gupta 1 Jakson Green Jalaj Dani Family Office Single Family Office Mumbai Jalaj Dani 2 Wickedgud, Skillmatics Jeejeebhoy Family Office Single Family Office Mumbai the Jeejeebhoy family 3 Dubpro.Ai, Tradingleagues, Grayquest JJ Family Office Single Family Office Mumbai JJ Family 2 Zouk KA Enterprises Single Family Office Mumbai Prakash Padukone 6 Blue Tokai Coffee Roasters, Frontrow, Atomberg Technology Kairos Capital Group Multi Family Office Singapore Sam Chidoka 1 Logx Kanoria Family Office Single Family Office Kolkata Hemant Kanoria 1 Nysha Mobility Kantamaneni Family Office Single Family Office Hyderabad Gopal Krishnan 3 Ohlocal, Workruit, Recordent KCK Single Family Office New York Nael Kassar 1 Cars24 KG Investments Single Family Office Scottsdale Ike Kier 1 Flipkart Kinnteisto Single Family Office Mumbai Lt. Rakesh Jhunjhunwala 2 Nazara Technolgies, Fullife Kohli Ventures Single Family Office London Tej Kohli 1 Zynergy Projects & Services Kolte Patil Family Office Single Family Office Pune Rajesh Patil, Naresh Patil, Milind Kolte 2 Infinitybox, Beco Korys Single Family Office Halle Hari Subramanian 1 Sahyadri Farms KPB Family Trust Single Family Office Bengaluru KP Balaraj 1 Tradingleagues Lahari Music Family Office Single Family Office Bengaluru Manohar Naidu 2 Happn, Whatsloan Lionrock Capital Single Family Office Singapore Srihari Kumar 13 Agnikul, Hopscotch, Flickstree, Bigbasket MABS Single Family Office Ahemdabad Nimish Sanghvi, Hemang Sanghvi, Ketan Sanghvi, Divyang Sanghvi 13 Nirmalaya, The Healthy Company Madhu Kela Family Office Single Family Office Mumbai Madhusudan Kela 2 Spicejet Limited, Servify Madhuram Papers Single Family Office Delhi NCR Pawan Bhatia 2 Proxgy, Scrapuncle Maelstrom Family Office Single Family Office Hong Kong Arthur Hayes 1 Stan Mafatlal Family Office Single Family Office Mumbai Hrishikesh Mafatlal 2 Nftically, Avenue Growth Mahansaria Family Office Single Family Office Mumbai Ashok Mahansaria, Yogesh Mahansaria 12 Insurancedekho, Flexiloans, Grayquest, Just Deliveries(Jd) Makan Family Trust Single Family Office San Francisco Divesh Makan 2 Cult.fit, Chingari Man Capital Single Family Office London Mohamed Mansour 7 Freightmango, Collegedekho Mankekar Family Office Single Family Office Mumbai Shivanand Shankar Mankekar And His Wife 9 The Good Glamm Group, Onesource, Myglamm, Toothsi, Jiraaf Mankind Group Family Office Single Family Office Delhi NCR Ramesh and Rajeev Juneja 7 Zepto, Batx Energies, Unscript.Ai, D’Chica Marwah Group Of Family Office Single Family Office Mumbai Nitin Marwah 10 Parkmate, Clensta Mayur Gupta Family Office Single Family Office Miami Mayur Gupta 1 7Prosper Meeran Family Trust Single Family Office Kochi Navas Meeran 1 Shipnext Mehta Ventures Single Family Office California Sanjay Mehta, Hershel Mehta, Vatsal Kanakiya 56 Coindcx, Oobli, Krave Mart, Workclout, Toybox Labs MEMG Family Office Single Family Office Bengaluru Ranjan Pai 7 Pharmeasy, Brij Hotels, Kites Senior Care Midas Capital Single Family Office Delhi NCR Ashish Baheti, Sarika Baheti 1 Sova Health Mirabilis Investment Trust Single Family Office Bengaluru K Dinesh 7 Pilgrim, Intrcity, Railyatri, The Baker’S Dozen Mithun Sacheti Family Office Single Family Office Chennai Mithun Sacheti 6 Nazara, Arrivae, Ippo Pay MMG Group Family Office Multi Family Office Delhi NCR Sanjeev Agarwal 1 Centricity MN Family Office Single Family Office Delhi NCR Munmun Halder 1 Zepto Mousse Partners Single Family Office New York Charles Heilbronn 2 Epigamia, Bankbazaar.Com MS Dhoni Family Office Single Family Office Bengaluru MS Dhoni 2 Centricity MVK Group Holdings Multi Family Office London Manish Karani 2 Instrucko Mylktree Family Office Single Family Office Hyderabad Swapna Reddy Dodla 1 Hoovu Fresh Nadathur Family Office Single Family Office Bengaluru Nadathur S Raghavan 7 Amagi, Quilt.Ai Nahar Om Family Co-Op Office Single Family Office Delhi NCR Poonam Kaushal And Pranav Nahar 1 Cleardekho Nanavati Family Office Single Family Office San Francisco Shriyakumar Hasmukhbhai Sheth 3 Zypp Electric, Pi Beam, Fyn Narotam Sekhsaria Family Office Single Family Office Mumbai Narotam Sekhsaria 5 Upgrad, Sid’S Farm, Pilgrim Navus Ventures Single Family Office Maassluis Eduard Meijer, Alexander Van Der Lely, And Joop Ham 3 Mooofarm Niraj Bajaj Family Office Single Family Office Mumbai Minal Bajaj, Niral Bajaj 1 Fynd Nrups Consultants LLP Multi Family Office Ahmedabad Nrupesh C. Shah 4 Symphony, Kalorex, Info Beans Oak Grove Ventures Single Family Office Singapore Sally Wang 1 Nodeops Oberoi Family Office Single Family Office Mumbai Vivek Oberoi 1 Traqcheck Office Of Harry Banga And Yogesh Mahansaria Single Family Office Mumbai Harry Banga And Yogesh Mahansaria 1 Flexiloans Oxshott Capital Partners Single Family Office Washington Yosef And Meir Stern 1 Byju’S Pahwa Family Office Single Family Office Delhi NCR Vivek Pahwa 1 Nysha Mobility Paipal Ventures Single Family Office Mysore Ajith Pai 21 Redesyn, Tracex Technologies, Kahanibox Patni Family Office Single Family Office Mumbai Amit Patni 14 The Yarn bazar, Innoviti, BizzTM Pawan Munjal Family Trust Single Family Office Delhi NCR Dr Pawan Munjal 6 Freight Tiger, Rapido, Ola Electric, Exponent Energy Peugeot Family Office Single Family Office Paris Robert Peugeot 1 Livspace Pico Capital Single Family Office Mumbai Ajay Bhartiya 9 Vroom, Spotinst, Autoleadstar, Gloat, Tastewise, Chargeafter, Sepio Systems, Niio Polaris Family Office Single Family Office Chennai Mark Ghatan 1 Kandee Factory Prasid Uno Family Office Single Family Office Mumbai Tushar Kumar 1 Entero Pratithi Investment Single Family Office Bengaluru The Kris Gopalakrishnan Family Office 14 Bluestone, Myelin Foundry, Resorcio, People Tree Hospitals PremjiInvest Multi Family Office Bengaluru Azim Premji 51 Mintifi, Giva, Purplle, The Sleep Company Priwexus Family Office Single Family Office Mumbai Aditya Gadge 2 Verelle Style, Tinker Village PS Pai & Family Single Family Office Mumbai P Surendra Pai 3 Altum Credo Punj Sons Family Office Single Family Office Delhi NCR Atul Punj 1 Airworks India Engineering QRG Investment & Holdings Single Family Office Delhi NCR Anil Rai Gupta 11 NewSpace, Awfis Space Solution, Euler Motors Raay Global Investments Single Family Office Pune Amit Patni 8 Insurance Samadhan, Neuralgarage Raintree Family Office Single Family Office Pune Leena Dandekar, Abha Dandekar And Vivek Dandekar 5 Smart Joules, Proklean Technologies, Dunzo Randev Ventures Single Family Office Dubai Chandra Shekhar Randev 16 Abcoffee, Emo Energy, 50Fin, Breathe ESG Ravi Modi Family Office Single Family Office Kolkata Modi Family 1 Radhamani Ravi Modi Family Trust Single Family Office Kolkata Ravi Modi 5 The House Of Rare, Lenskart, Koo App Reddy Ventures Single Family Office Hyderabad GV Sanjay Reddy, Pinky Reddy 11 Cred, Khatabook, Even, Hive, Chipper Cash Regis And Savoy Capital Privy Single Family Office Bengaluru Anil Nahar 1 Dltledgers RMZ Family Office Single Family Office Bengaluru Thirumal Govindraj 1 Cowrks RNT Associates Single Family Office Mumbai Lt. Ratan Tata 45 Cardekho, Cult.fit, NestAway Ruttenberg Gordon Investments Multi Family Office New York David Ruttenberg 1 Dukaan Saascorp Holdings Multi Family Office Mumbai Apurva Shah, Sahil Shah 27 Booboo Games, Charge Zone, Incred Sachin Tendulkar Family Office Single Family Office Mumbai Sachin Tendulkar 12 FirstCry Sagana Single Family Office Zurich Raya Papp, Wolfgang Hafenmayer 3 Biosense, Varthana, Buddy4Study.Com Samvardhana Motherson Group Family Office Single Family Office Delhi NCR Vivek Chaand Sehgal 1 Biel Sarcha Advisors Single Family Office Delhi NCR Rohit Chanana 30 Newmi, Plutos One Saswat Ventures Single Family Office Kolkata Bl Sharma 1 Talkesport Sattva Family Office Single Family Office Bengaluru Bijay Agarwal 4 Credit Fair, Supplynote, O’ Be Cocktails Select Group Family Office Single Family Office Dubai Rahail Aslam 1 Invest4Edu Sharrp Ventures Single Family Office Mumbai Harsh Mariwala 27 Purplle, Good Monk, Firstcry, Mcaffeine, The Ayurveda Experience Shivanssh Holdings LLP Single Family Office Bengaluru Vikas Poddar 1 Zlade Siddamsetty Family Office Single Family Office Hyderabad Nitin Siddamsetty 3 Blue Tokai Coffee Roasters, Melorra, And Zostel Silverstrand Capital Single Family Office Singapore Kelvin Chiu 1 Sea6 Energy Sincere Syndication Multi Family Office Chennai Sivaramakrishnan 2 Fyn, Pi Beam SKG Family Office Single Family Office Delhi NCR Sanjay Krishna Goyal 2 Burger Singh, Neeman Smiti Holding & Trading Co. Single Family Office Mumbai Sohel Khuzem Shikari 2 Skillmatics, Smart Express Somani Family Office Single Family Office Delhi NCR Aditya V Somani 2 Hiration, Collpoll Sood Infomatics Single Family Office Mumbai Sonu Sood 2 Spice Money, Explurger Souter Investments Single Family Office Edinburgh Sir Brian Souter 1 Sapphire Systems Spark Digital Capital Single Family Office New York Paul Conway, Santo Politi, And Todd Dagres 1 Chainswap SPDG Single Family Office Brussels Olivier Périer 1 Clove Dental Spectrum Impact Single Family Office Mumbai Rehana Nathoo 39 Mooev Technolgies, Exposome SRF Family Office Single Family Office Delhi NCR Arun Bharat Ram 1 Melorra Strides Pharma Family Office Single Family Office Bengaluru Arun Kumar 1 Strides Pharma Subhkam Ventures Single Family Office Mumbai Rakesh S Kathotia 10 S-Ancial Global Solutions Private Limited, The Hosteller, Bharat Biotech, Miel E- Security, Mpokket Sun Group Global Single Family Office Delhi NCR Ankur Agarwal 2 Justgiving, Tiaxa Sunergy Investors Single Family Office Irvine Ankil Lalu 1 Sunterrace Sunil Kant Munjal Family Office Single Family Office Delhi NCR Sunil Kant 8 Bluestone, Atomberg, Noccarc Sunil Singhania’S Family Office Single Family Office Mumbai Sunil Singhania 2 Soleos Survam Partners Single Family Office Delhi NCR Suman Kant Munjal 26 Bharatpe, Blusmart Mobility, Smytten, Atomberg Technology, Rusk Media Swadharma Source Ventures Single Family Office Lucknow The Sahu Group 1 Onfinance Ai Swiss Investors Corporation Single Family Office Hong Kong Philippe Michel Leutert And Mr Gilles Albert Wormser 1 Excellence4U T Choithrams BVI Single Family Office Dubai T. Choithram And Sons 1 Safexpay Tainwala Group Single Family Office Mumbai Ramesh Tainwala 2 Vioma Lifesciences (Healwell24) Tamarind Family Private Trust Single Family Office Delhi NCR The Mansukhani family 3 Wow Express Telama Investments Family Office Single Family Office Bengaluru Subramanian S 9 Oto, Grayquest, Fundfina The Bhagat Family Office Single Family Office Mumbai Chintan Bhagat 1 Quadrivia The Bhogilal Family Office Single Family Office Ahemdabad Nirmal Pratap Bhogilal 1 Setu Nutrition The Bunting Family Private Fund Single Family Office Maryland Marc G. Bunting 4 Magicpin The Three Sisters Institutional Office Single Family Office Delhi NCR Radha Kapoor Khanna, Raakhe Kapoor And Roshini Kapoor 2 Awfis Space Solution Tranzmute Capital Multi Family Office Mumbai Narayan Seshadri 1 CG Power Trog Hawley Capital Single Family Office West Palm Beach Alexandru Monul 1 Ola Twin & Bull Single Family Office Bengaluru Ajay Prabhu, Ajit Prabhu 1 Terra Food Co. Udyat Ventures Single Family Office Delhi NCR Harsh Gupta 9 Alltius, Blacklight Studio Works Umesh Sanghavi Family Office Single Family Office Mumbai Umesh Sanghavi 1 Sublime Life Unilazer Ventures Single Family Office Mumbai Ronnie Screwvala 29 Lido Learning, Lenskart, Dailyobjects Unnati Labs Single Family Office Delhi NCR Amit Sinha 2 Intents Mobi, Deciml Urmin Family Office Single Family Office Ahmedabad Tejas Majithia, Nanubhai V Majithia And Rajendra Nanubhai Majithia 1 Devx Vans Investments Single Family Office Mumbai Srinivas Chunduru 2 Our Better Planet, Snackamor Varroc Group Family Office Single Family Office Aurangabad Tarang Jain 2 Cariq, Vitesco Technologies Vernalis Capital Single Family Office Chennai Bala Chandra 1 Verofax Limited Vikramaditya Mohan Thapar Family Trust Single Family Office Kolkata Vikramaditya Mohan Thapar Family 2 Burger Singh, Boutique Spirit Brands Vineet Nayyar Family Office Single Family Office Delhi NCR Vineet Nayyar 1 Vendekin Technologies Viney Equity Market Llp (Vem) Single Family Office Delhi NCR Anant Aggarwal 3 Xolopak, Matrix-Geo Solutions, India Sweet House VM Salgaocar Family Office Single Family Office Goa Shivanand V. Salgaocar 3 Burger Singh, The Cube Club Volta Circle Single Family Office London Suchitra Lohia 1 Byju’S Vulcan Capital Multi Family Office Seattle Paul Allen 2 Teachmint, Lovelocal (Formerly M.Paani) Waao Partners Single Family Office Ahemdabad Pratul Shroff 4 Smytten, Ayu Health, Proeon Foods Wami Capital Single Family Office Dubai Anisha Ramakrishnan 7 Motovolt Mobility, Sourcewiz Waterfield Advisors Multi Family Office Mumbai Soumya Rajan 1 Aye Finance Wolfson Group Single Family Office New York Steven B. Wolfson 1 Propertyfirst.Com Workplay Ventures Single Family Office San Francisco Mark Pincus 1 Polygon Yamauchi-No.10 Family Office Single Family Office Tokyo Banjo Yamauchi 1 Workindia Yukti Securities Single Family Office Delhi NCR Ashish Chand 12 Infra.Market, Ripplr, Oliveboard, Vital, Atlan Zed Capital Single Family Office Ahemdabad Priyank Shah & Ashutosh Valani 10 Giva, Ensuredit Aarii Ventures Single Family Office Mumbai Kothari Family, Ketan Kothari, Priyank Kothari 39 Cello Family Office Single Family Office Mumbai Pradeep Rathod 1 Zepto Rianta Capital Single Family Office Zurich Tom Singh, Artha Impact 10 Frontier Market, Virohan, Aibono, FlyBird Innovations Accomplice Single Family Office Boston Jeff Fagnan, Ryan Moore. 2 Veera, DefiDollar

Editor’s Note: This list is not a ranking of any kind, we have placed the family offices alphabetically. This is a running list and will be updated periodically with new names.

Aarin Capital

Aarin Capital is a Bengaluru-based proprietary venture fund established in 2011, cofounded by ex-Infosys CFO Mohandas Pai and Ranjan Pai. The firm invests in technology-intensive businesses across sectors such as life sciences, healthcare, education, and other significant India-centric market opportunities. 

Since its inception, Aarin Capital has built a diverse portfolio of companies. Notable investments include Vyome Biosciences and EdCast.

In addition to direct investments in startups, Aarin Capital also backs entrepreneurial fund managers whose investment theses align with its core focus areas. 

B2V Ventures

B2V Ventures is a Mumbai-based single-family office of B L Taparia, the chairman of Supreme Industries. The firm invests across various asset classes, including public equity, private equity, venture debt, structured debt, real estate, and art, both in India and overseas.

B2V Ventures has a diverse portfolio, including one unicorn, Cult.fit. Other notable investments include Cremeitalia, Style Union, Arcatron, Beleqtric, Agnikul, Easy Home Finance, among others. It also partners with various funds to fuel growth opportunities and diversify investments.

Burman Family Holdings

Burman Family Holdings is the strategic investment platform of the Burman family, the controlling shareholders of Dabur Group, one of India’s largest FMCG companies. 

As of October 2024, Burman Family Holdings invested in more than 40 companies, primarily focussing on early-stage investments in sectors such as enterprise applications, consumer goods, fintech, financial services, and healthtech. 

The firm typically engages in seed and Series A funding rounds. Its portfolio companies include Isprava, Centricity, Melorra, Quickwork and Reliable Records.

The leadership team comprises seven members, including two partners: Abhas Gupta and Gaurav Burman. 

Gaurav, a fifth-generation scion of the Burman family, serves as a partner at Burman Family Holdings.

Catamaran 

Catamaran Ventures is a private investment firm founded in 2010 by N. R. Narayana Murthy, the founder of Infosys, and Arjun Narayanswamy. 

The firm manages a significant portfolio across multiple asset classes, including strategic joint ventures, private equity, public equity, and growth-stage venture capital. With a focus on fostering innovation, Catamaran Ventures has made several notable investments in startups across a variety of industries.

Among its investments are Aequs, a contract manufacturer specialising in aerospace and electronics, and Log9 Materials, a company working on lithium-ion battery technology tailored for tropical climates. 

The firm has also invested in VerSe Innovation, which owns Dailyhunt and the short-video platform Josh. Other key investments include Udaan and Acko.

Additionally, Catamaran Ventures has been involved with the National Stock Exchange of India and even invested in SpaceX.

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Hunch Ventures

Hunch Ventures, established in 2016 and headquartered in New Delhi, is a family office that invests in early-stage startups across various sectors, including air mobility, fine arts, sustainable food supply chains, and food security. 

The firm has made investments in companies such as BLADE India, GoodTimes, and Red Otter Farms. Other notable companies include Dolomite Restaurants, The Circle, MyHealthcare, Oceanaire Yachting, and Teamonk.

Hunch Ventures is led by Karanpal Singh, who serves as the founder and managing director. 

Through its strategic investments, Hunch Ventures aims to support visionary founders and contribute to the growth of innovative enterprises across diverse industries.

Munjal Brothers’ Family Offices: Survam Partners & Pawan Munjal Family Trust

Survam Partners is the family office of Suman Kant Munjal, a member of the Hero Group and chairman of Rockman Industries. The firm primarily focusses on investments in the technology sector, with a keen interest in areas such as ecommerce, fitness, mobile applications, augmented reality, sports, and consumer electronics, among others. 

The firm has a diverse portfolio, which includes names like Hudle, BluSmart Mobility, BharatPe, Atomberg Technology and Rusk Media.

The Pawan Munjal Family Trust serves as the investment arm of Pawan Munjal, the chairman and CEO of Hero MotoCorp. This family office focusses on sectors such as consumer products, transportation, and logistics technology. 

As of early 2025, the trust has its investments in companies like Rapido and ShareChat. 

It often coinvests alongside firms like Lightspeed India Partners and Alsthom Industries. The trust’s investment activity peaked in 2019, but it generally participates in fewer deals compared to Survam Partners. 

In addition to its active investments, the Pawan Munjal Family Trust has achieved several exits, including those in Ola Electric and Vogo. 

PremjiInvest

PremjiInvest, the private investment arm of Wipro founder Azim Premji, was established in 2006 with a focus on long-term investments across diverse sectors, including technology, healthcare, consumer goods, financial services, fintech, and ecommerce. The firm targets both private equity and public market opportunities, primarily in India and the United States.

Over the years, PremjiInvest has strategically backed some of India’s most successful new-age startups. Its portfolio includes Zomato, Udaan, Swiggy, FirstCry, and Lenskart.

Beyond investments, PremjiInvest plays a key role in supporting the philanthropic initiatives of the Azim Premji Foundation, a not-for-profit organisation focussed on improving the lives of underserved communities. The foundation works extensively in education, healthcare, and social development, aiming to create a lasting impact by empowering marginalised groups across India.

Paipal Ventures

Paipal Ventures, founded in 2016 and based in Mysore, is a family office that invests in early-stage startups across various sectors. The firm is sector-agnostic and focusses on partnering with founders who have scalable ideas. 

The firm’s investment portfolio includes companies operating in diverse industries such as digital media, fintech, healthcare, and AI. 

Paipal Ventures was founded by Ajith Pai, who is also the cofounder and partner at Farmiculture Organics LLP, a leading organic farming company. 

The firm supports startups through various stages, including validating strategies, assisting in profitable growth, facilitating scalability, optimising cash flows, and strengthening governance and compliance. Its key investments include ReDesyn, TraceX Technologies and Kahanibox.

Pratithi Investment

Pratithi Investments, established in 2014 and headquartered in Bengaluru, is a private equity firm specialising in late-stage debt and equity investments. Since its inception, the firm has invested in over 100 Indian startups across more than 20 sectors. It has a total assets under management (AUM) exceeding $500 Mn. 

The firm’s investment portfolio includes companies such as Lenskart, Cult.fit, and MobiKwik. It has also achieved significant exits, including the IPO of MobiKwik on December 18, 2024. 

Pratithi Investments operates with a sector-agnostic approach, primarily focussing on later-stage ventures. Pratithi often co-invests alongside leading institutional investors who share a similar commitment to supporting enterprise growth. 

The leadership team at Pratithi Investments includes K C Ganesh as a partner. 

Pico Capital

Pico Capital is a family wealth management firm operating as a registered non-banking financial company (NBFC). It manages its proprietary capital by investing across various asset classes, including equity, fixed income, real estate, renewable energy and startup funding. 

The firm also provides flexible financing via structured debt to companies that are unable to raise capital from traditional sources. 

In the private sector, the company has invested in companies like Vroom, Spotinst, Autoleadstar, Gloat, Tastewise, Chargeafter, and Sepio Systems, among others.

Randev Ventures

Randev Ventures, established in 2018, is the private investment arm of the Randev Family Office, with a presence in India and the United Arab Emirates.

The firm focusses on value investing in early-stage startups across India, Southeast Asia, and the United States. Their investment strategy emphasises capital preservation and growth, with a multi-stage, sector-agnostic approach and a long-term investment horizon.

Randev Ventures invests in sectors such as SaaS, Web3, mobility, B2B, deeptech, sustainability, API, creator economy, XR, and AR. It typically invests in startups at various stages, including pre-seed, seed, and Series A. 

A few of the portfolio companies include abCoffee and EMO Energy.

Spectrum Impact

Spectrum Impact is an investment firm cofounded by Rajendra Gogr and Arti Gogr, with a focus on making a positive social impact through investments. The firm specialises in impact investing, targeting opportunities that not only deliver strong financial returns but also foster long-term, sustainable solutions to some of the world’s most pressing challenges.

Spectrum Impact focusses on sectors such as renewable energy, education, healthcare, and financial inclusion, with a particular emphasis on businesses that can create scalable and sustainable solutions to global challenges.

Among the companies it has invested in are Mooev Technologies, Exposome, Atomberg Technologies, EEKI Foods, and HB11 Energy, among others.

Sarcha Advisors

Sarcha Advisors is a financing advisory firm established in 2018 by Rohit Chanana, former head of the Hero Enterprise family office. 

The firm offers a range of services, including large family realignments, family office consultancy, mergers and acquisitions, joint ventures, buyouts, business building and execution, restructuring, and strategic advisory.

In addition to its advisory services, Sarcha Advisors has made investments in startups such as Stack, a neo-banking platform aimed at automating financial management for millennials, and Financepeer, an education fintech company that provides interest-free loans for school fees.

Sharrp Ventures

Sharrp Ventures is the investment office of the Harsh Mariwala family, established to manage their proprietary capital. The firm focusses on partnering with unique businesses that have significant growth potential, particularly in sectors such as food and beverages, beauty and personal care, and consumer technology, among others.

The firm’s notable investments include Mamaearth, Nykaa, Zouk, Super Bottoms, Bold Care, Kapiva, CureSkin, etc. 

Sharrp Ventures has also achieved several successful exits, including investments in companies like Vyome Biosciences, Wooqer, and Securens. 

The firm continues to focus on backing companies that are shaping new-age consumerism in India, leveraging its extensive experience and network to support the growth and success of its portfolio companies. 

Unilazer Ventures

Unilazer Ventures is a Mumbai-based private equity and venture capital firm founded in 1991 by Ronnie Screwvala. The firm specialises in early and late-stage investments across various sectors, including ecommerce, internet software, information technology, food and beverage, education, fashion, and shopping. 

Over the years, Unilazer Ventures has built a diverse portfolio of companies, including Lenskart, ShopClues, DailyObjects, Zivame, and Niki.ai.

The firm has also achieved several successful exits, including ShopClues, InI Farms, and Micro Housing Finance Corporation.

Editor’s Note: This is not a ranking of any kind; family offices are listed alphabetically. It is a dynamic tracker that will be updated periodically. For any queries, additions, or updates, reach out to us at [email protected]. View our methodology and disclaimer here.